Can I retire at age 45 with 800,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator

About Your Retirement ?

Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:

Portfolio ?

% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$66,063$65,475$64,901$64,340$63,793$62,050
2 years$32,705$32,095$31,505$30,933$30,378$28,634
3 years$21,586$20,975$20,386$19,819$19,273$17,583
4 years$16,029$15,419$14,836$14,278$13,746$12,123
5 years$12,695$12,088$11,513$10,967$10,449$8,899
6 years$10,473$9,871$9,304$8,771$8,268$6,791
7 years$8,886$8,290$7,732$7,211$6,724$5,320
8 years$7,697$7,106$6,557$6,049$5,578$4,247
9 years$6,773$6,187$5,648$5,152$4,698$3,437
10 years$6,033$5,453$4,924$4,441$4,003$2,812
11 years$5,429$4,855$4,335$3,865$3,442$2,320
12 years$4,926$4,357$3,847$3,390$2,983$1,926
13 years$4,500$3,938$3,437$2,993$2,601$1,608
14 years$4,136$3,579$3,088$2,657$2,280$1,348
15 years$3,820$3,270$2,788$2,370$2,008$1,134
16 years$3,544$3,000$2,528$2,122$1,775$956
17 years$3,301$2,763$2,300$1,906$1,573$809
18 years$3,085$2,553$2,100$1,718$1,399$685
19 years$2,892$2,366$1,922$1,552$1,247$582
20 years$2,719$2,199$1,764$1,406$1,114$495
21 years$2,562$2,048$1,623$1,276$997$421
22 years$2,420$1,912$1,496$1,160$893$359
23 years$2,290$1,788$1,381$1,057$802$306
24 years$2,172$1,675$1,277$964$721$261
25 years$2,063$1,572$1,183$880$649$223
26 years$1,962$1,478$1,097$805$584$190
27 years$1,869$1,391$1,019$737$527$163
28 years$1,783$1,310$947$675$475$139
29 years$1,703$1,236$881$619$429$119
30 years$1,628$1,167$821$568$388$102
31 years$1,559$1,104$765$522$351$87
32 years$1,494$1,044$714$479$317$75
33 years$1,433$989$667$441$287$64
34 years$1,375$937$623$406$260$55
35 years$1,321$889$582$373$235$47
36 years$1,271$844$545$344$213$40
37 years$1,223$801$510$317$193$34
38 years$1,177$762$478$292$175$29
39 years$1,134$724$447$269$159$25
40 years$1,094$689$419$248$144$22
41 years$1,055$656$393$229$131$18
42 years$1,019$625$369$211$119$16
43 years$984$595$346$195$108$14
44 years$951$567$325$180$98$12
45 years$919$541$305$166$89$10
46 years$889$516$287$154$81$9
47 years$860$492$269$142$73$7
48 years$833$470$253$131$66$6
49 years$806$449$238$121$60$5
50 years$781$429$224$112$55$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $800,000, adding $6,660 every year, while hoping to spend $24,937 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 43/46/11 Blend
44$800,000$800,000$800,000$800,000
45$888,470$846,070$833,670$923,567
46$952,561$860,994$835,065$963,639
47$1,022,354$875,815$835,671$1,003,989
48$1,098,403$890,499$835,435$1,047,146
49$1,181,320$905,013$834,303$1,093,374
50$1,271,778$919,322$832,214$1,142,970
51$1,370,516$933,385$829,110$1,196,257
52$1,478,349$947,162$824,926$1,253,595
53$1,596,174$960,607$819,595$1,315,380
54$1,724,980$973,672$813,047$1,382,049
55$1,865,852$986,306$805,208$1,454,083
56$2,019,988$998,454$796,002$1,532,015
57$2,188,707$1,010,059$785,348$1,616,432
58$2,373,459$1,021,056$773,162$1,707,982
59$2,575,843$1,031,379$759,354$1,807,381
60$2,797,620$1,040,957$743,833$1,915,417
61$3,040,728$1,049,715$726,502$2,032,962
62$3,307,302$1,057,570$707,260$2,160,977
63$3,599,694$1,064,438$686,000$2,300,523
64$3,920,493$1,070,227$662,612$2,452,771
65$4,272,554$1,074,838$636,979$2,619,012
66$4,659,018$1,078,169$608,982$2,800,671
67$5,083,347$1,080,108$578,492$2,999,323
68$5,549,355$1,080,540$545,378$3,216,702
69$6,061,242$1,079,340$509,501$3,454,722
70$6,623,636$1,076,374$470,717$3,715,498
71$7,241,635$1,071,505$428,874$4,001,359
72$7,920,855$1,064,582$383,814$4,314,878
73$8,667,483$1,055,447$335,373$4,658,892
74$9,488,337$1,043,935$283,378$5,036,531
75$10,390,926$1,029,866$227,650$5,451,247
76$11,383,524$1,013,053$168,000$5,906,850
77$12,475,249$993,298$104,233$6,407,541
78$13,676,143$970,388$36,144$6,957,954
79$14,997,274$944,102$0$7,563,202
80$16,450,834$914,201$0$8,233,210
81$18,050,258$880,436$0$8,974,716
82$19,810,349$842,542$0$9,790,359
83$21,747,417$800,238$0$10,687,734
84$23,879,432$753,229$0$11,675,212
85$26,226,197$701,200$0$12,762,025
86$28,809,531$643,820$0$13,958,354
87$31,653,475$580,739$0$15,275,420
88$34,784,520$511,586$0$16,725,598
89$38,231,857$435,970$0$18,322,531
90$42,027,651$353,477$0$20,081,262
91$46,207,345$263,671$0$22,018,374
92$50,809,993$166,090$0$24,152,150
93$55,878,630$60,246$0$26,502,749
94$61,460,678$0$0$29,092,393
95$67,608,391$0$0$31,973,104
96$74,379,350$0$0$35,179,581
97$81,837,007$0$0$38,711,393
98$90,051,281$0$0$42,601,670
99$99,099,217$0$0$46,886,919
100$109,065,719$0$0$51,607,370